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Archive for October, 2008

Fed, global banks cut key interest rates to aid economy

Wednesday, October 8th, 2008

Washington | The Federal Reserve, acting in coordination with other global central banks, cut a key U.S. interest rate by half a percentage point Wednesday to steady a teetering global economy.

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2 not 3 NC guv candidates debate again

Wednesday, October 8th, 2008

RESEARCH TRIANGLE PARK | Pat McCrory and Mike Munger are heading back to a television studio for another debate while Beverly Perdue stays away.<br>The Republican and Libertarian candidates for governor were scheduled to meet Wednesday night for a one-hour forum that will air live on the University of North Carolina Television network.

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Average N.C. gas prices are at $3.79 per gallon — the highest in 48 states

Wednesday, October 8th, 2008

Raleigh, N.C. | Some parts of North Carolina have the most expensive gasoline in the continental United States, but the prices already are dropping in some areas.

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McCain, Obama spar on economy, foreign policy

Wednesday, October 8th, 2008

NASHVILLE, Tenn. | Barack Obama and John McCain clashed repeatedly over the causes and cures for the worst economic crisis in 80 years Tuesday night in a debate in which Republican McCain called for sweeping action by the government to directly shield many homeowners from mortgage foreclosure.

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Georgia-Pacific idles Whiteville plant, laying off 400 workers

Tuesday, October 7th, 2008

Georgia-Pacific Corp.’s layoff of nearly all employees at its Whiteville manufacturing plant will have an impact far beyond the approximately 400 workers and their families.

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